Cushman & Wakefield is expanding its reach in the region with the addition of the Progress Capital team.

Led by Kathy Anderson, Brad Domenico and Brian Anderson, the commercial real estate mortgage advisory company joins CushWake’s Equity, Debt & Structured Finance platform, according to a Sept. 13 announcement. The group will focus on expanding coverage in the New Jersey, Long Island and Upstate New York Markets.

Progress Capital also announced the “new chapter” in a Monday email. “It’s the same dedicated team, committed to your success, but with even more tools at our disposal to better serve your CRE financing needs,” the message read.

“The strategic addition of the team led by Kathy, Brad and Brian marks a pivotal step in our ambitious growth plan within New Jersey,” said Peter Bronsnick, managing principal of New Jersey, Pennsylvania and Delaware, Cushman & Wakefield. “This new team will not only enhance our capital markets capabilities but also elevate our ability to serve a wide range of clients with unparalleled expertise. Aligned with our commitment to diversity and excellence, this move is only the beginning of a transformative journey that promises long-term value and innovative solutions for our clients.”

Progress Capital has offices in Tinton Falls, New York and Naples, Fla. The team has closed over $40 billion in commercial loans and $150 million in directly funded bridge loans.

Now based in CushWake’s East Rutherford office, the Progress Capital team will work with the existing Tri-State Investment Sales team, led by Executive Vice Chairs Andy Merin, David Bernhaut and Gary Gabriel as well as Head of Equity, Debt & Structured Finance Rob Rubano. Cushman & Wakefield said Vice Chairman Gideon Gil will continue leading Equity, Debt & Structured Finance in New York City, while Vice Chairman John Alascio will focus on institutional clients across the Northeast.

The team

“We are eager to hit the ground running,” Kathy Anderson commented. “Joining Cushman & Wakefield provides us with a powerful global platform that we will utilize to further expand our market share and enhance client coverage. We look forward to partnering with Rob, John, Gideon and the Tri-State Investment Sales team to drive continued growth and success.”

Kathy Anderson comes on board as vice chair, with more than 25 years of banking and finance lending experience. In addition to serving on the board of Regal Bank, she is a frequent speaker at industry events and conferences.

Previous NJBIZ Forty Under 40 winner Brad Domenico also joins Cushman & Wakefield as vice chair. CushWake cited his prowess in providing optimal financial structures for clients. Brad is experienced in permanent, construction and bridge financing. Last month, he arranged acquisition financing for the more than $36 million purchase of a leased-up, 153,494-square-foot retail center in Paramus.

Bringing extensive knowledge in commercial real estate financing, Brian Anderson now serves as executive managing director. CushWake highlighted his expertise in underwriting and negotiating to ensure effective and timely closings with favorable terms.

“We are pleased to welcome Brad, Kathy, Brian and their entire team as they join our market-leading Equity, Debt & Structured Finance platform,” Alascio said. “Their experience and strong client relationships will bolster our capital markets capabilities across the region. The addition of their team enhances our ability to offer a comprehensive range of services to our clients, ensuring seamless integration across the Northeast.”